Dec 6, 2013 8:00am EST
original online marketplace, including selling tickets from broadway to the super bowl to hub. cory johnson shows us just how -- -- ebay stub hub. >> we are not just about selling tickets. it is about creating the whole fan experience and innovation is used across the business. >> stub hub takes 25% off the top of ticket sales and the rest goes to the seller. stub hub is after a lot more. million back in 2007 and the business has grown dramatically. is selling one ticket every second. >> technology was the enabler for this online secondary ticket marketplace to happen. class features like interactive seat mass and mobile ticketing and ways to buy a couple of seats and split the bill with a friend. stub hub is a risk for ebay. the business has much worse mark -- margins. fallengross margins have since the stub hub acquisition. paypal surely furthered the trend. every april mental dollar of stub hub profits compresses ebay's overall margins. milking big data could be the key to improving it. we are is a new science trying to develop and trying to understand that. >> stub hub's chief technolog
Dec 9, 2013 8:00am EST
million. cory johnson is here with me "in the loop" this morning. ever since he made those egg wins in housing, he has been scrutinized in those losses. >> he raised a lot of money in the down market. gold has been a really rough investment. aboutis excitement alternate currencies, whether it is cold, whether it is other trades, and of coarse bitcoin -- of course bitcoin. it is good to see him making a little bit of a comeback, especially in the things that work at first. lampert --ng any eddie lampert now vulnerable. senior markets are spotted julie hyman has the latest on june -- any lambert options. what is his current exposure to sears? now 48%take in sears is command that is because his clients have been asking for their money back in some cases. he recently distributed that back to them in the form of sears shares, and a reduced his stake from about 55% to about 48%. some bolts are watching the situation and sake that the investors are losing patience. invested inrst sears, there was a five-year lockup. lockuphey could not -- time when they could not ask for their money back.